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Press Dossier   By Date  01/05/2024
Saudi Arabia’s real GDP rises by 1.3% in first quarter: GASTAT
Saudi Arabia’s real gross domestic product saw a 1.3 percent rise in the first three months of this year compared to the previous quarter, official data showed.
Saudi Arabia, UAE supplied 85% of Japan’s crude oil in March
Saudi Arabia and the UAE provided 85 percent of Japan’s total crude oil needs in March, according to the Agency of Natural Resources and Energy of the nation’s Ministry of Economy, Trade and Industry.
Malaysia to witness $10bn investment from ACWA Power in renewable energy sector: prime minister
Saudi utility firm ACWA Power has expressed interest in investing $10 billion in Malaysia over the next 10 years to develop renewable energy projects.
Cashless payments in Saudi Arabia to rise by 7.6% in 2024
Cashless payments in Saudi Arabia are expected to surge by 7.6 percent in 2024 to SR550 billion ($146.8 billion) as compared to SR511.5 billion the previous year, a report said.
Hospitality brands sign deals to expand in Saudi market
Top hospitality brands signed deals at the Future Hospitality Summit in Riyadh to capitalize on the opportunities available in the Kingdom.
Saudi Arabia and Mauritania forge energy pact, emphasizing expertise exchange
Saudi Arabia and Mauritania have signed a framework agreement aimed at exploring opportunities and fostering expertise exchange in the fields of electricity, renewable energy, and clean hydrogen.
Ma’aden strengthens phosphate business through share purchase agreement with Mosaic
Saudi Arabian Mining Co. has entered into a share purchase and subscription agreement with the Mosaic Co. with the aim of expanding its phosphate business.
BlackRock, PIF launch multi-asset investment management platform in Riyadh
BlackRock Saudi Arabia and the Public Investment Fund signed a memorandum of understanding on Tuesday which entitles the former to establish a Riyadh-based multi-asset investment platform.
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